The Daily Bail

Has Larry Summers lost weight since falling asleep at one of Obama's many press conferences? He looks great! Um, now if we can just remind him that economic recovery does not mean a return to the executive bonus compensation levels for Goldman Sachs of the past (I say past meaning 2008 when they received huge bonuses while we bailed them out). Hey Lawrence, it’s your buddy Henry Kissinger, how bout you grab Barry Soetoro and we can do lunch at the Four Seasons and talk about radical socialism, academia, and compare our Harvard connections. Maybe Zibigniew wants to go too.

Aug 10, 2009 at 3:59 PM |

Gobias Bluth

Sorry DB,

I can't bear to listen to this thieving moron. As much as I want Bernanke gone, replacing him with tard who repealed Glass-Stegall would be a big green loogey in America's eye.

from Wikipedia:
Summers has recently come under fire for accepting perks from Citigroup, including free rides on its corporate jet last summer.[39] According to the Wall Street Journal, Larry Summers called Chris Dodd asking him to remove caps on executive pay at firms which have received stimulus money, including Citigroup.

On April 3, 2009 Summers came under renewed criticism after it was disclosed that he was paid millions of dollars the previous year by companies which he now has influence over as a public servant. He earned $5 million from the hedge fund D. E. Shaw, and collected $2.7 million in speaking fees from Wall Street companies that received government bailout money.

Aug 10, 2009 at 4:15 PM |

mark mchugh

Let's call them what they are - kickbacks!

No one would really pay money to hear his jowls flap.

Aug 10, 2009 at 4:19 PM |

mark mchugh

Is he lying or is he just a dumbass when he claims that no one at the beginning of this year predicted that unemployment would be as high as it is right now? Does anyone at the WH read blogs? I mean, seriously. WTF?

His excuse: "It turned out that businesses were even more scared than we realized." Pure, Keynesian bull shit. It's always a "liquidity trap" or a "deflationary spiral." It's just a matter of "confidence." This is eerily similar to Geithner and Bernanke's apparent outlook on the banks and on their "toxic assets." If we can only get people to feel better, if we can only get people to be more confident, then all will be right with the world. There doesn't seem to be an inkling in his mushy brain that insolvency and debt are the problem, or that these problems will not be solved with a little sprinkling of Larry's Fairy Dust.

This is a little scary -- kind of like waking up in the passenger seat and realizing that my 7-year old is manning the wheel.

Aug 10, 2009 at 11:47 PM |

James H

I like how David Gregory asks if there's any chance of repealing part of the "stimulus" in light of it's failure and in light of our serious budget problems.

Larry says: Nahh, we're not going to cut a few measly hundred billion. It's all good. What we're going to do is ram a massive "health care reform" bill down everyone's throats...cause, you know, we government guys are the go-to guys when it comes to cutting costs and identifying effeciencies.

Like I said, this is scary stuff. This overweight asshole is suggesting that computerized records and preventive care are going to bring down the federal debt. "This is absolute f***ing bullshit."

Aug 10, 2009 at 11:55 PM |

James H

Don't forget about what Palin called the Obama's death panel.
Look what the government has done for the post office and amtrak, I am a believer.
China will continue to pay our bills so that we can continue to elect criminals and give big bonuses for failure.
Solve global warning, check, end the war, check, close Gitmo, check, send Bill to North Korea, check, send Hillary back to Kosovo, check, get Nancy lip injections, check, play more golf than Bush, check, vacation in Martha's Vineyard like a good socialist, check, get a dog (more black than white) for balance, check, enroll the Obama girls in a public private partnership school. check, anything else left to do, oh yeah, leave office in four years.

Aug 11, 2009 at 1:15 AM |

Gobias Bluth

@Mark.

I don't want Summers to replace Bernanke either...I'd like to see Dallas Fed Prez Richard Fisher.

Aug 11, 2009 at 2:07 AM |

DailyBail

James wrote:

"Is he lying or is he just a dumbass when he claims that no one at the beginning of this year predicted that unemployment would be as high as it is right now? Does anyone at the WH read blogs? I mean, seriously. WTF?"

Had the same thought...he can only get away with it b/c Gregory doesn't follow the markets and was unable to challenge him on that line of supreme bullshit...

Aug 11, 2009 at 2:09 AM |

DailyBail

James.

You are on a roll...I liked this part:

His excuse: "It turned out that businesses were even more scared than we realized." Pure, Keynesian bull shit. It's always a "liquidity trap" or a "deflationary spiral." It's just a matter of "confidence." This is eerily similar to Geithner and Bernanke's apparent outlook on the banks and on their "toxic assets." If we can only get people to feel better, if we can only get people to be more confident, then all will be right with the world. There doesn't seem to be an inkling in his mushy brain that insolvency and debt are the problem, or that these problems will not be solved with a little sprinkling of Larry's Fairy Dust.

This is a little scary -- kind of like waking up in the passenger seat and realizing that my 7-year old is manning the wheel.

AND THIS PART:

"This is absolute f***ing bullshit."

Bob Knights's words are quite soothing...

http://dailybail.com/home/anti-bailout-motivation-from-coach-bob-knight-im-tired-of-th.html

Aug 11, 2009 at 2:12 AM |

DailyBail

When did Erin Burnett become a pundit? I feel nauseous and want to vomit. Is this unwatchable horse***t David Gregory's answer to Dylan Ratigan? I thought the rest of MSNBC's shows already spewed the requisite diarrhea shower and then some. Great. Now David Gregory wants to ride a tricycle and fling feces at his viewers as well. "This is absolute f***ing bullshit!"

Aug 11, 2009 at 5:25 AM |

spideydouble

But spidey, Erin sure is cute and spunky.

Aug 11, 2009 at 9:48 AM |

James H

@James H

And absolutely vacuous and every associated word. I would rather eat Styrofoam in a padded room than listen to her.

Aug 11, 2009 at 11:49 AM |

spideydouble

"I would rather eat Styrofoam in a padded room than listen to her. "

F*&*ing hilarious. Thank you for that.

Aug 11, 2009 at 3:38 PM |

James H

Post a New Comment

Enter your information below to add a new comment.

My response is on my own website »

Author:

Author Email (optional):

Author URL (optional):

Post:

↓ | ↑

All HTML will be escaped. Hyperlinks will be created for URLs automatically.